Commodities Analysis & Opinion

Since my last analysis on May 19, 2023, scorching weather conditions have increased cooling demand and triggered a surge in long buying.On May 20, Reuters reported Alberta is on high alert for...

My last analysis discussed the possibility of a rally in natural gas prices. At that time, many traders failed to anticipate the impact of price consolidation near $2 leading up to May 12, 2023....

First, let me get this in print up front; the gold price (like most/all markets) is manipulated in different ways. It can be talked down, it can be subject to paper buying/selling that does not bear...

100-bcf storage builds are likely here; last week’s rise could last 2 more weeks Gas bulls say trade is deceived by current output/ demand that could change Technical charts show next target for...

G7 leaders to discuss new sanctions targeting Russia's oil and gas sector, potentially impacting global oil prices. Germany advocates for increased public investment in natural gas production,...

Gold’s closing streak above $2,000 short-circuited by dollar, Treasuries But a study of trading charts show gold’s upside probably chipped, not broken Spot gold should not close below...

Dept of Energy says initial purchase for SPR will be 3 million barrels Dept. says it has intent to buy more later in the year but provides no schedule Analysts say crude prices will decide on...

Approximately 12 years ago, I wrote my first public market prognostication and it was focused on gold. At the time, gold was enjoying a parabolic rally, and the discussion amongst the general public...

Chinese inflation remains weak, raising concerns about the economic rebound Price stagnation and falling prices in China indicate deflation Copper could continue to head lower as demand in China hits...

Market prices absorb all the information that’s out there. Perhaps that’s why several commodity prices surged in the months leading up to the Russian invasion of Ukraine.And since then,...

This week, movements in natural gas futures indicate a sudden increase in uncertainty among traders as they struggle to break above the 200 DMA on the upper end of the one-hour chart, while also...

The SPR has been causing a great deal of volatility in oil prices lately. Lack of clarity about when the U.S. government will start refilling the SPR is the main reason for that. Still, in the long...

Natural gas market is seeing a surplus in storage, with inventories 33% above year-ago levels and 20% higher than the five-year average. The projected 74 bcf addition to gas storage would lift...

The world’s favorite precious metal is enjoying a moment in the sun lately. Trading at record highs recently, gold’s allure is back in vogue as various macro risk factors provide a...